Important issues were discussed at this second meeting, where the work plan of the Board for 2008 was
adopted. The report of the first meeting was also adopted, although several issues relating to the
role and responsibilities of the Adaptation Fund Board remained unresolved.

With regard to the question of provisional operational policies and guidelines for Parties to access
resources from the Adaptation Fund, members and alternates were invited to provide input, based on
the outline approved, to the Secretariat by 7 July 2008.

It was agreed that revised provisional operational policies and guidelines would be discussed at the
third meeting of the Board, which will take place in Bonn from 9 to 12 September 2008. Concern was
voiced at the shortfall of funding to support the work of the Adaptation Fund Board in the interim.
The Chair, Mr. Richard Muyungi (United Republic of Tanzania, Least developed Countries) was asked to
raise this serious matter with the President of the COP/CMP and to explore additional ways of
securing adequate funding.

Following the resignation of the Vice-Chair, Ms. Marita Steinke (Germany), in order to take up a new
post in her country’s Government, Mr. Naoya Tsukamoto (Japan, Annex I Parties) was elected as
Vice-Chair of the Board for the period 2008-2009.